Tag Archives: Investment in Bangalore

Bsnl Credence Plots for sale next to Brigade atmosphere Devanahalli

BSNL, Central & State Govt. IT Employees & Retired Employees HBCS Ltd launched its new project Bsnl Credence on Nandi Hills Road. Bsnl Credenceis a unique residential layout among all the House building co-operative society projects in Bangalore.Luxury, Location, and Low-cost make these BSNL Plots the most desired and lovable project near the Bangalore International Airport
INR 799 / Square feet for First 50 Applicants only!!!! Book Now!!!
Speak with Experts (M:+91 9035611299)

Bsnl credence location

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Neighbours at Glance of Bsnl Credence

Nandi Hills Road

12 kms from International Airport

Next to Brigade atmosphere

Close to Nandi Hills & STARR Road

Surrounded with L&T, Textile park Doddaballapur Road

Near to Information Technology and Investment Region and SEZS (ITIR)

Amenities of BSNL Credence Plots

Asphalted Roads

Box type Drains

Path-Ways

Green Park

Bore-well with overhead tanks

Electric Power with transformers

Swimming Pool

Club House

Children Play Area

Frequently Asked Questions about BSNL Credence Plots

1 Does this society follow National Green Tribunal norms and regulations for lake zone and storm water drains?Yes. 75 meters for lakes. 50/35/25 depending upon the category of Rajakaluve.2 When was Housing Society set up?The housing society was set up in the year 2015. The registered number is HSG-1/37/HHS/46470/2014/20153 Membership and Plot allotment is it legal for members outside the parent Department?Yes. It is legal from the year 2009. Karnataka Government has issuedgazette notification on 3rd Nov 2009.4 How many membership categories are there in Karnataka Co-operative House Building Act?Four categories of memberships. For parent company employeesMembership under the category of Regular Membership. For othersunder the category of Associate Membership.5 Do they have registered office in Bangalore?Yes. Amratahalli, Airport Road Bangalore.6 Is there any provision in Co-Operative Housing Society Act to transfer allotted plots to another Society/association?Chapter 16 –E of Co-Operative Housing Society Act clearly saysmembership can be transferred to a firm, a company or anybody/corporate constituted under any law for the time being in forceincluding a society registered under the Karnataka Societies Registration Act, 1960.7 Are there any additional charges to be paid?Registration Charges extra and betterment charges as per BIAAPA norms at the time of registration. (app: 15-35/sqft).

Greater Greens BSNL layout Devanahalli Doddaballapur road is located right on the 6 lane National highway near to Bangalore Rural DC Office. A Straight journey from Bangalore via National Highways (NH-7 and then NH-207).

Greater Greens BSNL layout Devanahalli Doddaballapur Road

Contact:+91 9035611299, +91 9663645980

Greater Greens BSNL layout Devanahalli Doddaballapur road

To speak with our Expert regarding BSNL Employees and Citizens House Building Co-Operative Society Ltd norms and regulations kindly fill up below details.

1) All payment will be directly made in the name of Society and payment receipt issued by the secretary of society along with membership id.

2) Rate/Square feet the best one would get as per our Survey under installment schemes.

3) Location of this layout is excellent.

4) Proposed Information Technology Investment Region(ITIR) from Karnataka State Govt in 10,000 acres of land.KIADB ha acquired around 2800 acres near Devanahalli for this purpose. This Project is located around six km from our layout.

5) Airport Cargo Village started its operation in 2009 spread over 1000 acres.

6) A cumulative investment of around INR 115000 crore worth in around this region.

7) Employment opportunity for around 2 lakhs professionals.

8) There are SEZs along with Apparel Park nearby.

9) Confirmed plot allotment.

Frequently Asked Questions

1 Does this society follow National Green Tribunal norms and regulations for lake zone and storm water drains?Yes. 75 meters for lakes. 50/35/25 depending upon the category of Rajakaluve.2 When was Housing Society set up?The housing society was set up in the year 2012. The registered number is JRB/RGN/24/41774/12/13.
3 Membership and Plot allotment is it legal for members outside the parent Department?Yes. It is legal from the year 2009. Karnataka Government has issuedgazette notification on 3rd Nov 2009.4 How many membership categories are there in Karnataka Co-operative House Building Act?Four categories of membership. For parent company employeesMembership under the category of Regular Membership. For othersunder the category of Associate Membership.5 Do they have registered office in Bangalore?Yes.6 Is there any provision in Co-Operative Housing Society Act to transfer allotted plots to another Society/association?Chapter 16 –E of Co-Operative Housing Society Act clearly saysmembership can be transferred to a firm, a company or anybody/corporate constituted under any law for the time being in forceincluding a society registered under the Karnataka Societies Registration Act, 1960.7 Are there any additional charges to be paid?Registration Charges extra and betterment charges as per BIAAPA norms at the time of registration. (app: 15-35/sqft).

Every plot will get independent electricity, drainage and water connection.

It’s a PREMIUM Layout with lot of amenities as below

Grand Welcome Arch.

Club House which houses Gym, Swimming Pool, Meeting rooms and play area.

Indoor Sports Stadium.

Jogging Tracks.

Plenty of Parks, Tree plantations and Landscape gardens around the layout.

Commercial Complex.

Underground Electric Connection.

Sewage Treatment Plan.

Overhead Tanks with sufficient Bores.Tree Avenue across the layout

Payment Options

The following table provides the clear information regarding the installment payments to be paid by the members. Kindly note that allotment of sites will be as per seniority based on the initial down payment and timely payment of subsequent installments.

Installments to be paid every 10 months once.

Installments/Membership fee can be paid in the form of DD/ Cheque/ NEFT or RTGS transfers

Lifetime Membership Fee is Rupees 2500/- per application.

Only one site can be booked per application.

SI.No.

Dimensions

Total Area in Sqft

Rate / Sqft

Down Payment 25%

1st Instalment 25%

2nd Instalment 25%

Final Instalment 25%

1

30×40

1200

₹ 975/-

₹ 2,92,500

₹ 2,92,500

₹ 2,92,500

₹ 2,92,500

2

30×50

1500

₹ 975/-

₹ 3,65,625

₹ 3,65,625

₹ 3,65,625

₹ 3,65,625

3

40×60

2400

₹ 975/-

₹ 5,85,000

₹ 5,85,000

₹ 5,85,000

₹ 5,85,000

4

50×80

4000

₹ 975/-

₹ 9,75,000

₹ 9,75,000

₹ 9,75,000

₹ 9,75,000

Modes of Payment

Cheque or Demand Draft:

Cheque or DD in favour of “BSNL Employees and Citizens House Building Co-Operative Society Ltd”

NEFT/RTGS:

Account Name : BSNL Employees and Citizen House Building Co-Operative Society Ltd

Sea facing vacation Homes at Gokarna Main Beach

Millions search every day on internet and through different mediums for Beach properties, Sea view Home, Sea facing Land, Vacation Homes, Farm House, Farm land, etc. Thousands find what they are looking for. Hundreds buy Beach properties in India in a year. If you are one among them don’t you think you have made million dollar deal for INR 5.5 lakhs?

Do not wait before we close our bookings soon. Only 16 units available.

Project Name: Local Space View

Project Location: Main Beach Gokarna, Karnataka

Google Co-ordinates: 14°33’05.0″N 74°18’38.3″E

Total Land area: 8000 square feet.

Number of Blocks: 4

Each Block Land Area: 2000 square feet

No of Units in Each Block: 4

No of Floors in each Block: 2 ( Ground + First)

No of units in each Floor: 2

Super Built up area of Each Unit: 360 square feet

Each Unit consists of

Living cum Bed Room: 16*12=192 square feet

Kitchen: 8*8=64 square feet

Attached Bathroom and Toilet: 8*5= 40 Square feet

Open Balcony: 8*8= 64 Square feet.

Area/unit:360 square feet.

Ground floor cost INR11.5 lakhs/unit

You pay INR 6.5 lakhs

Booking amount: 2lakhs

Balance amount would be adjusted towards rental income over a period of 5 years.

First floor cost INR12.5 lakhs/unit

You pay INR 7.5 lakhs

Booking amount: 3.5 lakhs.

Balance amount would be adjusted towards rental income over a period of 5 years.

FARM LAND IN KARNATAKA

Bill on the table to increase the income limit to buy farm land in Karnataka.

The State government on Monday March 2015 introduced an amendment bill in the Legislative Assembly, seeking to increase the income limit for purchasing farm land to Rs 25 lakhs from Rs 2 lakhs.

The State government on Monday March 2015 introduced an amendment bill in the Legislative Assembly, seeking to increase the income limit for purchasing farm land to Rs 25 lakhs from Rs 2 lakhs.

On amendments to the Karnataka Land Reforms Act, 1961, the Minister said the government was contemplating amendments to Section 79-A that bars persons having an annual non-agricultural income of above Rs. 2 lakh from buying agricultural land.

The Karnataka Land Reforms (Amendment) Bill, 2015, also proposes to empower Deputy Commissioners of districts to grant permission for purchasing a certain extent of land for educational, industrial, religious and housing projects. The Bill was piloted by Revenue Minister V Sreenivas Prasad.

Merits of Amendement

Enhancement in the limit should help both farmers and Government of Karnataka. Transactions with false income and under value of land can be avoided.

It is a good move as Government can expect some revenue from this amendment.

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Good News expected for Co-operative Housing Societies in Bangalore

Recent statement from state co-operation minister H S Mahadeva Prasad

“Government is working out on a solution for execution and delivery of sites to housing society members.”

Government should consider following factors while doing any amendments in the existing co operative housing society act.1 Change of usage of land should be done on a single window scheme by appointing a separate agency. This would cut down time spent in processing all documents among various departments.2 Large parcel of land should be permitted for change of usage of land3 Percentage of Associate membership should be increased in order to facilitate outsiders with state domicile to buy plots from these housing societies.4 Plot should be allotted and registered within one year from the date of payment of all installments. Otherwise interest should be paid on the total amount for delayedperiod.5 Developer should register all plots in the name of society. Last minute tussle between Developer and Society should be avoided.6 Society should not charge additional amount on the basic land cost as mentioned to its members.7 Society should publish its progress report on acquisition of land and development activities on periodic basis to its members.8 Members Investment should be safeguarded in proportion of land acquired by the society.9 There should be transparency on the percentage of money spent from the members installments made to society.Money collected should not be diverted to other projects of the society.

State Government should mitigate on these problems, site seekers should get sites on time. Co-operative Housing Societies in Bangalore can be a model to other housing societies in the country?.